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Chuck Schumer: “Trump's slush fund is the textbook definition of…”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

Sen. Schumer: "The slush fund is rotten to the core."

Published June 1, 2026 | Video Starts at 00:52

Trump's word is nowhere near enough. Donald Trump's attempt to establish this trust fund alone is one of the most glaring cases of corruption in American history. Trump's slush fund is the textbook definition of self-dealing. self dealing. Trump sued himself, settled with himself, and then Trump gives himself and his family immunity to evade their taxes. And Trump makes you, the American taxpayer, pay for it all. (00:52–00:58)

CLAIM

Asserts that Trump's slush fund exemplifies self-dealing.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Chuck Schumer

“Trump says he will table his $2 billion MAGA slush fund.”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 00:03-00:09
“Trump sued himself, settled with himself, and then Trump gives himself and his family immunity to evade their taxes.”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 00:58-01:08
“Senate Democrats will push legislation to ban this slush fund and ensure no president can ever do this again.”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 00:27-00:37
“Trump's attempt to establish this trust fund alone is one of the most glaring cases of corruption in American history.”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 00:42-00:51
“Trump makes you, the American taxpayer, pay for it all.”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 01:07-01:12
“Trump wants the American people to pay for handouts for MAGA billionaires, cop beating, January 6 insurrectionists, and his own family.”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 01:23-01:33
“Trump is claiming that the slush fund is dead for now.”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 01:40-01:43
“Democrats will not stop until it's well and truly buried and can never see the light of day.”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 01:43-01:50
“If Republicans try to force through their reconciliation bill again, the First Amendment I will offer will be to ban the slush fund…”
Sen. Schumer: "The slush fund is rotten to the core." | Uploaded June 1, 2026 | 02:04-02:17